Case Study
Multinational Electronics Producer Simplifies Supplier Risk Management and Increases Compliance Efficiency by 70-80%
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Global business units coordinating their compliance efforts
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Global refiners of concern flagged for heightened due diligence
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Increased efficiency in compliance with U.S. SEC Conflict Minerals Disclosure
The Challenge: Ensuring Responsible Conflict Minerals Sourcing Across a Global Supply Chain
Like many companies operating globally, Amphenol struggled with day-to-day supply chain management to ensure responsible sourcing of conflict minerals. Complying with regulations such as the U.S. SEC Conflict Minerals Disclosure as well as company stakeholders’ social and governance priorities involved multiple layers of ongoing activity, from engaging thousands of suppliers and completing due diligence to tracking smelters, refiners, and other entities around the world.
Complicating Amphenol’s efforts to manage risk and compliance across its supply chain:
- Each of its 200 manufacturing facilities operate autonomously.
- Supplier risk criteria were not standardized.
- Supplier communication efforts were not consolidated.
- Supplier data was not centralized.
- Visibility into supplier code of conduct, compliance, and risks was limited.
The Solution: Leading-Edge Technology & Expert Guidance
Product Steward and Supplier Portal from Benchmark Gensuite®
Implementing Benchmark’s award-winning supply chain management tools enabled [Company] to
Digitally track and document product compliance across global regulatory standards
Digitally track and document product compliance across global regulatory standards
Standardize and streamline supplier engagement for product and chemical details
Modern Slavery/Anti-Human Trafficking Reporting Model from Levin Sources
Amphenol also leveraged our partner, Levin Sources, a global supplier risk management consultancy with expertise in over 130 minerals and metals, to provide:
Risk assessments on ineligible and nonconforming refiners identified through the Benchmark Gensuite solutions
Due diligence based on tested methodologies, thorough investigation, and regulatory compliance requirements
Recommendations using a risk-scoring methodology with numerical values, including a narrative report on steps to strengthen due diligence within the company’s refiners and smelters.
Building on Success Through a Growing Partnership
Based on the success of this project, Amphenol is expanding its work with Benchmark Gensuite and Levin Sources to ensure compliance with the German Supply Chain Act. This collaborative effort will involve:
- Collecting new data sets from suppliers using new supplier questionnaires/surveys within the Benchmark Gensuite platform
- Working with Levin Sources for a comprehensive look at the policies, procedures, and programs related to global human rights and the supplier code of conduct; and
- Developing a guidance document that outlines how the organization’s global business units can meet forthcoming regulatory due diligence requirements.
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Ensure Compliance with Global Standards
Monitor changing global product regulations and streamline due diligence.
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Streamline Supplier Engagement & Auditing
Centralize data, simplify risk assessments, view real-time supplier status, and more.
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Keep Pace with Regulatory Changes
Receive customized updates and share critical information easily, enterprise wide.
Spotlight on Levin Sources, a Benchmark Gensuite Partner
Levin Sources is a global B Corp-certified consultancy that:
- Enables governments, businesses, investors, and civil society to build sustainable, valuable, and equitable minerals value chains in line with major voluntary and mandatory ESG standards.
- Provides expertise with 130+ minerals and metals.
- Executes projects in over 90 countries and regions around the world.
